Goldman Sachs: Huahong Semiconductor (01347.HK) narrowed its third-quarter operating loss and beat expectations, maintaining a target price of HK$117.

According to the financial news app "Zhixun Finance", Goldman Sachs released a research report stating that it has lowered its 2025 earnings per share forecast for Huahong Semiconductor (01347.HK) by 2%, mainly reflecting slightly lower than expected earnings per share in the third quarter; The gross profit margin forecasts for 2026 to 2029 have been raised by 0.4%, 0.3%, 0.2%, and 0.1 percentage points, and the capital expenditure forecasts for the period have been raised by an average of 1% to 2%; The target price is maintained at HK$117, and the "buy" rating is also maintained.